> -----Original Message-----
> From: IBM Mainframe Discussion List [mailto:[email protected]] On
> Behalf Of Gibney, Dave
> Sent: Saturday, April 11, 2009 6:20 PM
> To: [email protected]
> Subject: Re: "New" TOD
> 
>    Please explain to me where future TOD/ETOD values are needed in
> application code. Especially business applications. I'm fairly sure
> that it's a rare application that stores future date/time values in
> TOD format.
> 
>   Please understand, I'm not talking about log timestamps, even
> transaction logs. But, I have a hard time envisioning the need to
> evaluate or compare or most especially store a TOD format much more
> than 24 hours ahead of now.

Just the examples of which I am aware:

30-year mortgages, 30-year Treasury Bills, 50-year municipal sewer
bonds...

I'm not saying that dates for tracking/calculating information about
such instruments are necessarily stored in (E)TOD format, but it is not
unreasonable to want to do so (e.g., for interest calculations which
often require number-of-days-between to compute interest due).  In other
words, these are *possible* uses for real-world business applications.

Peter


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